<ul><li>Leaver provisions and vesting are essential mechanisms for protecting a company's interests when shareholders leave.</li><li>Leaver provisions distinguish between good leaver events (beyond a shareholder's control) and bad leaver events (fault on the part of the shareholder).</li><li>Vesting is the process by which shareholders earn their equity over time or by achieving specific milestones.</li><li>Implementing both leaver provisions and vesting can protect the company, ensure long-term commitment, and create a motivated workforce.</li></ul>

Shareholder Agreements: Understanding Leaver Provisions and Vesting

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